Warner Music Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BST:WA4 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
11 Sep 24	Sell€6,397,453	Max Lousada	Individual	250,769	€25.51
10 Sep 24	Sell€11,080,381	Max Lousada	Individual	436,193	€25.62
05 Sep 24	Sell€6,295,297	Max Lousada	Individual	247,505	€25.48
15 Feb 24	Sell€2,416,657	Lincoln Benet	Individual	71,981	€33.57
05 Dec 23	Sell€26,859,334	Max Lousada	Individual	869,008	€30.91

Insider Trading Volume

Insider Buying: WA4 insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of WA4?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	8,746,275	1.67%
Institutions	141,705,921	27%
Private Companies	374,840,139	71.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 95.55% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
72.4%	Access Industries, Inc.	374,840,139	€10.6b	0%	no data
3.21%	Capital Research and Management Company	16,639,490	€472.4m	0.49%	0.02%
2.55%	The Vanguard Group, Inc.	13,193,517	€374.6m	11.2%	0.01%
2.12%	BlackRock, Inc.	10,981,753	€311.8m	96.7%	0.01%
1.56%	Darlington Partners Capital Management, LP	8,072,372	€229.2m	47.4%	11.46%
1.44%	AKO Capital LLP	7,463,807	€211.9m	14.4%	3.43%
1.31%	FMR LLC	6,792,257	€192.8m	-9%	0.01%
1.21%	Stephen Cooper	6,260,317	€177.7m	0%	no data
1.07%	JP Morgan Asset Management	5,518,298	€156.7m	8,260%	0.02%
1.04%	Fidelity International Ltd	5,390,316	€153.0m	-4.22%	0.07%
1.01%	Independent Franchise Partners, LLP	5,225,334	€148.3m	0%	1.08%
0.98%	Cooke & Bieler, L.P.	5,061,093	€143.7m	19.6%	1.38%
0.8%	Harris Associates L.P.	4,166,637	€118.3m	47.5%	0.15%
0.71%	Caledonia (Private) Investments Pty Limited	3,699,219	€105.0m	-3.88%	1.45%
0.53%	D1 Capital Partners L.P.	2,749,783	€78.1m	0%	1.32%
0.5%	Geode Capital Management, LLC	2,579,097	€73.2m	9.15%	0.01%
0.46%	Strategic Advisers LLC	2,398,698	€68.1m	5.34%	0.03%
0.43%	State Street Global Advisors, Inc.	2,237,497	€63.5m	320%	no data
0.42%	Southeastern Asset Management, Inc.	2,168,568	€61.6m	-6.06%	1.84%
0.39%	Stephens Investment Management Group, LLC	2,000,039	€56.8m	14.2%	0.83%
0.33%	Pzena Investment Management, Inc.	1,718,090	€48.8m	0%	0.1%
0.33%	Fairview Capital Investment Management, LLC	1,698,516	€48.2m	-2.37%	2.85%
0.27%	Leonard Blavatnik	1,400,000	€39.7m	0%	no data
0.26%	Massachusetts Financial Services Company	1,354,793	€38.5m	0.44%	0.01%
0.25%	Millennium Management LLC	1,278,702	€36.3m	-65.1%	0.03%